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<p style="text-align:justify">Credit ratings agency Fitch Ratings on November 9 forecast Vietnam&rsquo;s GDP growth to accelerate to 6.3% in 2024 and 7.0% in 2025.</p>

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			<td style="text-align:justify"><img alt="Vietnam’s GDP growth is expected to accelerate to 6.3% in 2024 and 7.0% in 2025, according to Fitch Ratings. (Photo: VNA)" src="https://image-en.nhandan.vn/w800/Uploaded/2023/wpvslysmtys/2023_11_10/10-11-fitch-5463.jpg" /></td>
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			<td style="text-align:center">Vietnam&rsquo;s GDP growth is expected to accelerate to 6.3% in 2024 and 7.0% in 2025, according to Fitch Ratings. (Photo: VNA)</td>
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<p style="text-align:justify">Domestic fiscal and monetary policies have pivoted to provide growing support to the economy, the agency said.</p>

<p style="text-align:justify">It noted that the country&rsquo;s growth slowed to 4.3% in the first nine months of this year amid weak external demand and lingering headwinds in the domestic property sector.</p>

<p style="text-align:justify">Earlier, Standard Chartered Bank maintained robust 2024 GDP growth forecast of 6.7% for Vietnam in its latest macro-economic updates about the Southeast Asian nation.</p>

<p style="text-align:justify">Experts from the International Monetary Fund (IMF) also expressed their optimism about the medium-term prospects, with the national GDP growth predicted to reach 5.8% in 2024 and 6.9% in 2025.</p>

<p style="text-align:justify">The 15th National Assembly (NA) on November 9 adopted a resolution on the socio-economic development plan for 2024, which sets a target of 6.0 - 6.5% growth in GDP for the year, as part of its ongoing sixth sitting.</p>

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